Albany International Corporation $AIN Stock Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Albany International Corporation (NYSE:AINFree Report) by 123.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,045 shares of the textile maker’s stock after purchasing an additional 8,308 shares during the period. Quantinno Capital Management LP owned about 0.05% of Albany International worth $786,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of AIN. Smartleaf Asset Management LLC raised its stake in Albany International by 32.4% during the second quarter. Smartleaf Asset Management LLC now owns 711 shares of the textile maker’s stock valued at $49,000 after buying an additional 174 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of Albany International by 0.6% in the 2nd quarter. California State Teachers Retirement System now owns 28,783 shares of the textile maker’s stock valued at $2,019,000 after acquiring an additional 179 shares during the last quarter. CWM LLC increased its holdings in shares of Albany International by 39.3% in the 4th quarter. CWM LLC now owns 712 shares of the textile maker’s stock valued at $36,000 after acquiring an additional 201 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of Albany International by 42.3% during the 2nd quarter. Osaic Holdings Inc. now owns 908 shares of the textile maker’s stock valued at $64,000 after acquiring an additional 270 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Albany International by 227.3% during the second quarter. EverSource Wealth Advisors LLC now owns 540 shares of the textile maker’s stock worth $38,000 after purchasing an additional 375 shares during the last quarter. 97.37% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AIN has been the topic of a number of research reports. Truist Financial increased their target price on shares of Albany International from $55.00 to $61.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Wall Street Zen cut shares of Albany International from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings raised Albany International from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, July 28th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $54.00.

Get Our Latest Research Report on Albany International

Albany International Trading Down 1.6%

Albany International stock opened at $63.84 on Tuesday. Albany International Corporation has a 52-week low of $41.15 and a 52-week high of $77.00. The company has a quick ratio of 1.89, a current ratio of 2.24 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of -36.69, a PEG ratio of 1.82 and a beta of 1.17. The firm has a 50-day moving average price of $71.14 and a two-hundred day moving average price of $62.56.

Albany International (NYSE:AINGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The textile maker reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.08. Albany International had a positive return on equity of 10.76% and a negative net margin of 4.18%.The company had revenue of $329.48 million for the quarter, compared to analysts’ expectations of $340.10 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. Albany International has set its Q3 2026 guidance at 0.600-0.700 EPS. Sell-side analysts expect that Albany International Corporation will post 2.86 earnings per share for the current year.

Albany International Company Profile

(Free Report)

Albany International Corp. is a global advanced materials company specializing in engineered textiles and composites. Its business is organized into two primary segments: Process Media and Engineered Composites. The Process Media segment designs, manufactures and services press, forming and drying fabrics used in the production of paper and packaging materials, helping paper manufacturers improve efficiency, quality and sustainability. The Engineered Composites segment produces lightweight composite structures and components for aerospace and industrial applications, serving commercial and military aircraft programs as well as industrial markets that require high-performance, durable materials.

In the Process Media segment, Albany’s products include forming fabrics, press felts and dryer fabrics engineered to withstand extreme moisture and temperature conditions.

See Also

Institutional Ownership by Quarter for Albany International (NYSE:AIN)

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